The target heats the grocery assortment

Diving Briefs:

• The target plan was to add 600 items to GOOD & Gather and Favorite DAY GROCERY brand in 2025. Rick Gomez, head of commercial commercial commercial commercial commercial commercial director Rick Gomez told investors in the fourth quarter of the company.
• We also announced Collect Good & Cola VThe items under the personal label line are made in collaboration with chefs and tasting producers. The first round includes the award -winning chefs, the frozen pizza and the appetizer of the restaurant and Kim.
• Movement is part of Target’s newly announced strategic plan By 2030, sales will increase more than $ 15 billion.

Dive Insights:

The grocery store is part of Target’s plan to add 2,000 new products to all assortment, 90%of which are less than $ 20. As a retailer who wants to expand the assortment, as a retailer Mixed 4Q results have been reported. On Tuesday, net sales fell 3% and operating income decreased by 21%. Similar store sales of retailers rose 1.5% in quarter.

Gomez said to investors, “We are moving in an urgent sense to provide a powerful new new thing that discovers goals, makes it a place for joy and joy.”

For Good & Gather Collabs, KIM has made seven items with the taste of Korean cultural heritage, including four frozen pizzas. These items will start less than $ 7 and arrive at almost 1,800 stores across the United States next week, Gomez said.

“This is another example of providing everyday discovery and joy in our grocery channels. It has made great progress in our journey to not only sell food but also to become a retailer who celebrates food.

Recently, there is a target We have expanded the grocery assortmentIncluding personal labels. GOOD & Gather is close to Target’s first $ 4 billion store brand, Gomez said. The brand currently has over 2,500 items. Earlier this year, Target announced the plan. Add more than 2,000 health -oriented itemsTOM HOLLAND’s non -alcoholic beer brand and 250 new additions to Good & Cather.